AP OBMMS Subsidy Loan Status: YSR SC/ST/BC/KAPU OBMMS Application Status 2020

The online application submission process for Corporation loans (subsidy) is still available on the official website. A great number of eligible communities like SC, ST, BC, Kapu etc. have taken advantage of AP Subsidy loans. Those who have already applied can use the facility to check their application status. This article revolves around obmms application status checking online facility.

All the participants, who have applied for Subsidy loans under Andhra Pradesh Govt. The scheme must read this article accordingly to know more about it. You can also check the SC/ST/BC/KAPU OBMMS application status online on the official website [email protected] apobmms.cgg.gov.in As like every year, thousands of benefits belonging to different communities have applied. As per the 2020-21 action plan, more than 2 lakh beneficiaries from 20 corporations are been identified.
By the Government of Andhra Pradesh, this project/scheme is a very good initiative as it offers the opportunity to start a better business for the benefits of various communities. It requires well financial assistance which is offered by the concerned department once the application is being verified and start processing by the concerned officials. The online status facility is available now, you can check the status whenever you want.
Procedure to register for the subsidy loans is you just have to visit the official website, and subsidy loans will be available to the persons who are eligible from the communities like SC/ST/BC/KAPU etc. This great initiative can help the small people to set up their own business in a short span and also being dependent on any other third party.

BENEFITS:

1. It will help in the growth of the socio-economic status of the state which will provide better opportunities & facilities for its people.
2. One of the main goals of this project is to bring up the minorities and people from the lower class as the stakeholders.
3. Women who want to be independent, want to rely on themselves, this a great opportunity for them.
4. With the help of this scheme the youth of the state can start a business of their own and can be independent at a young age, it will a big help to his/her bright future.
   Eligibility Criteria:
   The government of Andhra Pradesh has started this initiative to give benefits to the minority classes like ST, SC, etc. but it is limited. If anyone wants to have the advantages of this loan, you are required to have the following criteria to be eligible for this loan.
    For the Subsidy loan the age limit has been set between 25-66 years.
    An applicant also requires to have a business idea and a business model, if they want to gain the benefits of this subsidy loan.
    Only a verified permanent resident of Andhra Pradesh State will be permitted to have these loan benefits.
    Applicants must submit their important documents like Aadhaar Card, PAN Card for identity verification
    As the bank will issue you the loan they ensure all the details are proper or not before approving.
   Essential Documents Require for Subsidy Loan :
   Applicants are required to submit some important documents for theire identity and residence verification like:
   Identity proof :
   I. Aadhaar card
   II. PAN card
   III. Voter id
   IV. Driving license
   Other essentials which are required are:
5. Income Certificate
6. Caste Certificate
7. Bank account Passbook
8. Residential Proof
9. Birth Certificate.
   How to Apply For YSR Subsidy Loans
   This is an online mode procedure and it is very easy. You can get the application form online by visiting the official website www.apobmms.cgg.gov.in. Steps are given below follow those it will become for you to fill-up the form.
    First, visit the official website.
    On the home page, there will be an option for “ APPLY ONLINE “ click on it.
    Then the next new page will open and then you can see there are some of the corporation’s application lists.
    Choose any of them according to your choice, then you are required to choose the beneficiary type- single or group.
    After that, you have to choose a working sector of your choice in which you are interested to work like – transport, agriculture. Then select the scheme and click on “Go”.
    You are required to choose your district, village, panchayat.
    Then you must enter the necessary unit cost and automatically the website will calculate and show you the subsidy and loan amount.
    Then select your bank branch, enter your Account and IFSC number.
    Input necessary details about your family.
    You can check your all details and correct them if any mistake occurs.
    Enter your caste and residence information, aadhaar details, you can also upload your aadhaar card
    Check them all and then click “Enter” to submit the application.